NasdaqGS:TBK

Stock Analysis Report

Executive Summary

Triumph Bancorp, Inc. operates as a financial holding company for TBK Bank, SSB that provides banking and commercial finance products and services to retail customers and small-to-mid-sized businesses in the United States.

Snowflake

Fundamentals

Excellent balance sheet with proven track record.

Share Price & News

How has Triumph Bancorp's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.1%

NasdaqGS:TBK

3.3%

US Banks

2.1%

US Market


1 Year Return

-31.6%

NasdaqGS:TBK

-13.8%

US Banks

-0.04%

US Market

TBK underperformed the Banks industry which returned -13.8% over the past year.

TBK underperformed the Market in United States of America which returned -0% over the past year.


Share holder returns

TBKIndustryMarket
7 Day-3.1%3.3%2.1%
30 Day-8.8%-7.0%-3.2%
90 Day-4.2%-2.3%2.8%
1 Year-31.6%-31.6%-11.3%-13.8%2.2%-0.04%
3 Year55.5%55.5%42.5%32.7%41.5%32.3%
5 Yearn/a54.2%37.6%55.0%37.8%

Price Volatility Vs. Market

How volatile is Triumph Bancorp's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Triumph Bancorp undervalued based on future cash flows and its price relative to the stock market?

21%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Triumph Bancorp's share price is below the future cash flow value, and at a moderate discount (> 20%).

Triumph Bancorp's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Triumph Bancorp is overvalued based on earnings compared to the US Banks industry average.

Triumph Bancorp is good value based on earnings compared to the United States of America market.


Price Based on Expected Growth

Triumph Bancorp is good value based on expected growth next year.


Price Based on Value of Assets

Triumph Bancorp is overvalued based on assets compared to the US Banks industry average.


Next Steps

Future Growth

How is Triumph Bancorp expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

20.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Triumph Bancorp's revenue is expected to grow by 12.1% yearly, however this is not considered high growth (20% yearly).

Triumph Bancorp's earnings are expected to grow significantly at over 20% yearly.

Triumph Bancorp's revenue growth is expected to exceed the United States of America market average.

Triumph Bancorp's earnings growth is expected to exceed the United States of America market average.

Triumph Bancorp's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Triumph Bancorp will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Triumph Bancorp performed over the past 5 years?

20.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Triumph Bancorp has delivered over 20% year on year earnings growth in the past 5 years.

Triumph Bancorp's 1-year earnings growth exceeds its 5-year average (37.2% vs 20.1%)

Triumph Bancorp's earnings growth has exceeded the US Banks industry average in the past year (37.2% vs 33.1%).


Return on Equity

Triumph Bancorp has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Triumph Bancorp used its assets more efficiently than the US Banks industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Triumph Bancorp improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Triumph Bancorp's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Information is not available.

Information is not available.


Financial Institutions Analysis

Triumph Bancorp has an acceptable proportion of non-loan assets held.

Triumph Bancorp has a low allowance for bad loans.

Triumph Bancorp's liabilities are made up of primarily low risk sources of funding.

Triumph Bancorp's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at Triumph Bancorp are broadly funded by customer deposits.

Triumph Bancorp has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is Triumph Bancorp's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Triumph Bancorp's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Triumph Bancorp's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Triumph Bancorp has not reported any payouts.

Unable to verify if Triumph Bancorp's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Triumph Bancorp has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Triumph Bancorp's salary, the management and board of directors tenure and is there insider trading?

5.6yrs

Average management tenure


CEO

Aaron Graft (41yo)

8.8yrs

Tenure

US$1,123,584

Compensation

Mr. Aaron P. Graft is the Vice Chairman, Chief Executive Officer and Public Information Officer of TBK Bank, SSB ( the “Bank”). He is the Founder and Vice Chairman of Triumph Bancorp, Inc. (the “Company”)  ...


CEO Compensation Analysis

Aaron's remuneration is lower than average for companies of similar size in United States of America.

Aaron's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

5.6yrs

Average Tenure

51yo

Average Age

The average tenure for the Triumph Bancorp management team is over 5 years, this suggests they are a seasoned and experienced team.


Board Age and Tenure

9.6yrs

Average Tenure

59.5yo

Average Age

The tenure for the Triumph Bancorp board of directors is about average.


Insider Trading

More shares have been bought than sold by Triumph Bancorp individual insiders in the past 3 months.


Recent Insider Transactions

BuyUS$23,28014 Aug 19
Michael Rafferty
EntityIndividual
Role
Member of the Board of Directors
Director
Shares800
Max PriceUS$29.10
BuyUS$28,76013 Jun 19
Robert Dobrient
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$28.76
BuyUS$96,98510 Jun 19
Carlos Sepulveda
EntityIndividual
Role
Chairman of the Board
Chairman
Shares3,500
Max PriceUS$27.71
BuyUS$41,55010 Jun 19
Michael Rafferty
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,500
Max PriceUS$27.70
BuyUS$88,29016 May 19
Carlos Sepulveda
EntityIndividual
Role
Chairman of the Board
Chairman
Shares3,000
Max PriceUS$29.43
BuyUS$43,87516 May 19
Michael Rafferty
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,500
Max PriceUS$29.25
BuyUS$9507 May 19
Justin Trail
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3
Max PriceUS$31.66
BuyUS$100,33007 May 19
Justin Trail
EntityIndividual
Role
Member of the Board of Directors
Director
Shares3,225
Max PriceUS$31.11
BuyUS$30,85031 Jan 19
Michael Rafferty
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,000
Max PriceUS$30.85
BuyUS$52,96531 Oct 18
Richard Davis
EntityIndividual
Role
Member of the Board of Directors
Director
Shares1,500
Max PriceUS$35.31

Ownership Breakdown


Management Team

  • Todd Ritterbusch

    Chief Lending Officer

    • Tenure: 0.3yrs
  • Aaron Graft (41yo)

    President

    • Tenure: 8.8yrs
    • Compensation: US$1.12m
  • R. Fowler (65yo)

    Executive VP

    • Tenure: 9.6yrs
    • Compensation: US$601.20k
  • Gail Lehmann (61yo)

    Executive VP & Secretary

    • Tenure: 2.8yrs
    • Compensation: US$520.93k
  • Adam Nelson (41yo)

    Executive VP & General Counsel

    • Tenure: 6.6yrs
    • Compensation: US$498.47k
  • Jim Allin

    Senior Vice President of Asset Based Lending - Triumph Commercial Finance

    • Tenure: 4.9yrs
  • Luke Wyse

    Senior Vice President of Finance & Investor Relations

    • Tenure: 5.6yrs
  • Amanda Tavackoli

    Senior Vice President of Marketing & Communications

    • Tenure: 0.0yrs

Board Members

  • Carlos Sepulveda (61yo)

    Chairman

    • Tenure: 9.6yrs
    • Compensation: US$148.46k
  • Rick Davis (65yo)

    Director

    • Tenure: 9.6yrs
    • Compensation: US$64.97k
  • Doug Kratz (68yo)

    Director

    • Tenure: 5.8yrs
    • Compensation: US$115.44k
  • Chuck Anderson (58yo)

    Director

    • Tenure: 9.6yrs
    • Compensation: US$73.97k
  • C. Sparks (51yo)

    Director

    • Tenure: 9.6yrs
    • Compensation: US$121.19k
  • Maribess Miller (66yo)

    Director

    • Tenure: 5.1yrs
    • Compensation: US$81.98k
  • Aaron Graft (41yo)

    President

    • Tenure: 8.8yrs
    • Compensation: US$1.12m
  • Robert Dobrient (57yo)

    Director

    • Tenure: 9.6yrs
    • Compensation: US$79.07k
  • Justin Trail (48yo)

    Director

    • Tenure: 9.6yrs
    • Compensation: US$72.97k
  • Mike Rafferty (65yo)

    Director

    • Tenure: 5.1yrs
    • Compensation: US$100.47k

Company Information

Triumph Bancorp, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Triumph Bancorp, Inc.
  • Ticker: TBK
  • Exchange: NasdaqGS
  • Founded:
  • Industry: Regional Banks
  • Sector: Banks
  • Market Cap: US$748.666m
  • Shares outstanding: 26.05m
  • Website: https://www.triumphbancorp.com

Number of Employees


Location

  • Triumph Bancorp, Inc.
  • 12700 Park Central Drive
  • Suite 1700
  • Dallas
  • Texas
  • 75251
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TBKNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 2014

Biography

Triumph Bancorp, Inc. operates as a financial holding company for TBK Bank, SSB that provides banking and commercial finance products and services to retail customers and small-to-mid-sized businesses in t ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 01:04
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.